The Federal Government is to rent out unoccupied private and government houses located in various towns and cities across the country.

Minister of Works and Housing, Babatunde Fashola, disclosed this in Abuja while playing host to the Senate Committee on Housing led by its Chairman, Sam Egwu.

Fashola also explained that the non-provision of land was why the Federal Government was not constructing houses in Lagos and Rivers states, adding that over 3,000 affordable housing units were being constructed in 34 states and the Federal Capital Territory.

Responding to an enquiry on what government was doing about empty houses scattered all over Nigeria, Fashola said his ministry had started collating the buildings and would lease them out to collect rents on a monthly basis.

He said, “As you have rightly pointed out, there are empty houses all over the place. How can we put those houses to use? I have news for you; some young people are already doing that and we are working with some of them.”

Providing additional explanation as directed by the minister, the Director, Public Private Partnership, Eucharia Alozie, stated that the young Nigerians had deployed technology to determine the number of empty houses in many parts of Nigeria and were expanding their reach.

She stated that what the ministry had done was to collate all empty houses built by the Federal Mortgage Bank of Nigeria, Federal Housing Authority and those built by the Federal Ministry of Works and Housing.

Alozie stated, “They gave us a scenario that a lot of people built big houses in Abuja and in other big cities in Nigeria and nobody has taken these houses.

“So we want to use this as a pilot to go round the country, collate the houses and possibly rent them out, especially to young people.”

She added, “It is so easy to pay your house rent monthly because a lot of people do not have the money to pay for two years and that is a major problem in the country. So they pay monthly and the team will work with agencies of government to deduct the monthly rent payments.

“That is the innovation and we have gone very far with it. Right now, we are at the procurement stage where they will be given the opportunity to show what they have done. They have succeeded in Abuja, Lagos and Cross River states.”

Fashola, however, told his guests that the initiative was not compulsory.

He said, “We started this as an initiative and it is not compulsory for everybody. So, let’s be clear. Now, how many houses are empty in your cities and villages? Many people have empty houses in their villages and these are part of the housing stock and they must be counted.

“So, these young people are working with some financial institutions that have collected houses from defaulting customers and the houses are seen as dead capital, as they are not bringing in income and nobody wants to buy them.”

The minister explained that some of the houses, for example, were three-bedroom homes.

“Now, young people need houses but they don’t have funds for three-bedrooms. So, we will bring them together and rent each of the rooms and the rents are collected monthly,” he stated.

He told the senators that the government would ensure the success of initiative in most states across the country.

Source: https://punchng.com/fg-to-lease-unoccupied-private-houses-nationwide-fashola/

Because ya papa build them for them. Who's is FG? The one who cannot save lives and properties of its citizens? Funny Nigeria.

Wisdom indeed!

The Question is, what if the owner lives abroad?
We are very successful today as a nation because of this type of wisdom.

Then, let’s start with Politicians unoccupied houses.

Start will d over 60% of houses in Abuja. Most of houses in all the highbrow areas of Abuja and most of all the estates in d city are unoccupied..

They should quickly implement this o...e get one fine house for my area ...I don already they eye that house

Unproductive government how many property have they build and completed

icebird25:
They should quickly implement this o...e get one fine house for my area ...I don already they eye that house

You go eye the house until you grow old

L

APC always saying things they will not be able to implement.

You talking about leasing... common to tax them u'v not succeeded

Davash222:
Then, let’s start with Politicians unoccupied houses.

Yes, it must start from there because they are the owners of a substantial amount of the house in question. They build such houses with looted funds that they were unable to launder. If this idea goes ahead, it may even crash the ridiculously high rent on some of housing in Nigeria, particularly in Lagos and Abuja.

How? Even abandoned buildings?

ikorodureporta:
source: https://punchng.com/fg-to-lease-unoccupied-private-houses-nationwide-fashola/

lalasticlala

Wia is ya post

Lol. They just want to put the tenant in trouble.

Long overdue.

wondering between Lagos and abj
which has more abandoned houses


our Muslim brothers am waiting for our thread please do and open it

Dem plenty for Abuja. Good!

No matter what the FG does
We will never remain one Nation
You cannot bring 3 different family members together and force them to bear one surname

Good riddance to curbing greedy looting of the national cake...pathetic how some greedy men loot the treasury just to build mansions for their children and unborn, only for them to grow up and the house already OUT OF FASHION.
I don' dey eye one bungalow for Ugbor road tey tey...
All those opposing this move, just know you are a suspect either as a malevolent benefactor or a beneficiary...live simply

HE BE LIKE SAY FASHOLA SELF DON TEST POSITIVE FOR THIS CORONA VIRUS COS HE JUST THEY TALK RUBBISH..

DEAR CORONA VIRUS,
PLEASE THERE'S A PLACE IN NIGERIA CALLED ASO-ROCK AND SENATE HOUSE.KINDLY VISIT BUHARI AND IF POSSIBLE MORE OF OUR POLITICIANS STEALING OUR MONEY..THATS ALL WE NEED TO MAKE NIGERIA GREAT AGAIN.

Good move, those house need human voice not criminals hiding around to perpetrate their evil deeds.

Circus govt.

Under which law?

Minimum wage is 35k! Who is going to rent the houses? A government that acts before thinking, is that one a government?

Flyingngel:
APC always saying things they will not be able to implement.

why will they imlement a shitty shit like this? u dey mad?

icebird25:
They should quickly implement this o...e get one fine house for my area ...I don already they eye that house

Tell the truth, you are from the South West right? I mean why would you be planning to reap where you did not sow? You want to take over a house built by someone else.

Thieves ooo

this right here is the most useless thing i have ever heard.